Price for Iodides and Iodide Oxides in Latvia - 2023

Contents:

1. Price for Iodides and Iodide Oxides in Latvia (CIF) - 2022
2. Price for Iodides and Iodide Oxides in Latvia (FOB) - 2022
3. Imports of Iodides and Iodide Oxides in Latvia
4. Exports of Iodides and Iodide Oxides in Latvia

Price for Iodides and Iodide Oxides in Latvia (CIF) - 2022

In 2022, the average iodides and iodide oxides import price amounted to $19,174 per ton, dropping by -70.1% against the previous year. In general, the import price recorded a significant contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 59% against the previous year. The import price peaked at $179,351 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($86,380 per ton), while the price for China ($5,630 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iodides and Iodide Oxides in Latvia (FOB) - 2022

The average iodides and iodide oxides export price stood at $10,147 per ton in 2022, falling by -79.9% against the previous year. In general, the export price showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 120% against the previous year. Over the period under review, the average export prices hit record highs at $197,667 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($224,722 per ton), while the average price for exports to Lithuania ($4,711 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+54.4%), while the prices for the other major destinations experienced a decline.

Imports of Iodides and Iodide Oxides in Latvia

Iodides and iodide oxides imports into Latvia soared to 749 kg in 2022, growing by 286% on the previous year. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 544% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, iodides and iodide oxides imports soared to $14K in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 313%. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Iodides and Iodide Oxides to Latvia in 2022:

1. China (570.0 kg)
2. Germany (102.0 kg)
3. France (50.0 kg)
4. Austria (12.0 kg)
5. Netherlands (8.0 kg)

Exports of Iodides and Iodide Oxides in Latvia

Iodides and iodide oxides exports from Latvia skyrocketed to 862 kg in 2022, increasing by 12,214% against the previous year's figure. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, iodides and iodide oxides exports skyrocketed to $8.7K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Iodides and Iodide Oxides from Latvia in 2022:

1. Lithuania (800.0 kg)
2. Germany (44.0 kg)
3. Russia (18.0 kg)

Source: IndexBox Market Intelligence Platform